Six Ways to Beat the Stress of Buying A Home
It is said that death, divorce, and moving are the three most stressful experiences in life. There are two very different kinds of needs that people have while moving. First, there are the transactional needs, like finding the home that’s right for you, finding a seller who is realistic, negotiating the price, filling out the paperwork, handling the escrow, and arranging for the move. But, there are also emotional needs that are involved when moving, and this is where the biggest stress comes in. Any competent agent will handle the transactional needs for you, but if your emotional needs are unfulfilled, you'll be frustrated and may not act in your own best interests. The ideal real estate agent is one who is competent with paperwork and numbers, but can also guide and direct you through the emotional ups and downs of moving. Here are the six best ways Realtors® have found to beat the stress of home buying.
Begin with the end in mind Have an ultimate scenario of where you're trying to be. What will life be like when you get there? How will it be better than where you are now? Dwell on that picture and write it out. Fill up a page of paper about how it will feel in the new home. Having the goal in front of you at all times energizes you to achieve it, despite setbacks and frustrations. Emotions will run high and you need an anchor. In childbirth, the Lamaze method teaches you to focus on one spot when enduring labor pains. In the same way, you too must focus on that future goal when anxiety begins to take hold.
Be flexible In your closing cost calculations, overestimate by three thousand dollars. In this market, anything can happen between contract acceptance and closing. It could be the inspections reveal areas of concern that the seller is unwilling to fix, or the repair costs might be higher than the amount limited in the contract. Or, the interest rate changes which affects the necessary down payment and closing costs you will need to come up with. As your real estate agent, we will strive to tie up loose ends as quickly as possible, but remember there is no perfect world. Most buyers feel a bit overwhelmed when taking on a new mortgage and the responsibilities of a new home. Buyers can get angry when it seems like the cost just keeps going up. Anger is caused when reality doesn't match up with the expectations you had in your mind, so if you anticipate this happening in advance, you won't get angry. In fact, it'll probably go better than you expected.
"Decide what your options are before a road block gets in the way”.
Trust in the process There's just so much to do and it's easy to panic. You wonder if it will ever work out. You think you're taking a big chance, but the truth is you're giving yourself a big chance. Even though you can't see every step of the way, as you move toward your goals, the way opens up. Moving is a major upheaval in your life, but we've been there many times before and we'll be looking out for you. Trust that we know the way to get you there.
Get knowledge One thing you'll probably feel during this transition time is loss of control. It feels like everyone else has taken over your life. The seller, your lender, the appraiser, the inspectors; they all have the power to say yes or no to your moving plans.
We will try our best to let you know ahead of time what your expenses will be and what the unknowns are. We'll tie down the loose ends as soon as possible. We'll educate you as best we can and let you in "behind the scenes" so you won't ever feel ignorant or out of control.
What are your options? When things don't go as smoothly as you had hoped, don't let emotions take over. Decide what your options are before a road block gets in the way. For example, pretend the lender takes longer than agreed upon to get your loan. He keeps asking you for more and more documentation until it feels like he also needs to know your blood type! You'll feel upset because you wanted to be certain about the move and now you still have to live with the uncertainty. You want to forget about dealing with that lender and find a new one. What is your option? Start the process over again? That may take weeks, plus you’ll have to provide all the paperwork over again. If the lender is trying their best, it may be better to give him a few more days. Each case is unique, but when setbacks occur, we've found that asking yourself this question helps to defuse the situation and restore clear-headed thinking.
Seek entertainment When there's nothing you can do about the situation, take your mind off of it altogether. Maybe you expected loan approval on Friday, but now it won't come until Monday. You hate being in limbo and feeling powerless, so do something else entirely; maybe something where you aren't powerless. Take a hike, play tennis, get out of town for the day. Watch a movie or pour yourself into your work. Whatever diversion works best for you, now would be a good time to engage in it. Just forget the situation and refuse to listen to those irritating thoughts when they come into your head. Think about something else instead and just take it one day at a time.
To keep stress to a minimum, we’ll serve you by giving you the best-reasoned expert advice with your best interests in mind. We’ll also help clarify your goals and motivation and decide if moving is the wisest choice at this time. We will provide guidance and help with movers, change of address, utilities shut off, cleaning, and whatever else you need help with. Lastly, we’ll give you valuable information after the transaction. After all, my goal for you is to be happy about your decision and want to refer me to friends and family, and even give me a call when the time comes to sell. ■
P.O. Box 26, Cottleville, MO 63338Office/Cell: 636-346-6344
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a real estate transaction, you should consult your attorney.